Q1.
Financial goals can be met
Q2.
Which of the following is applicable for fulfilling financial goals?
Q3.
Financial goals that are to be met with equity 4 years down the line should be planned
Q4.
An estimate of investment needed is calculated on the basis of Formula
Q5.
Financial goals are better met when investments are made in
Q6.
One of the objectives of financial planning is also to let the investor know in advance that the financial goal is not likely to be met.
Q7.
Which out of the following is not correct in describing why investors need financial planners?
Q8.
A financial planner can suggest to the investor to move into a smaller house in order to make capital available when investments fall short of required financial goal aspirations.
Q9.
A comprehensive financial plan is formulated for
Q10.
In a comprehensive financial plan the financial advisor will take into consideration
Q11.
The aspirations of buying a house in 10 years time falls in the category of
Q12.
For a lasting relationship the financial planner needs to
Q13.
People should be guided into the habit of saving when they are
Q14.
A financial planner is not in a position to advise investors on
Q15.
Life insurance plan for the young married couple becomes even more imperative when
Q16.
Even where employers provide medical coverage a low health insurance is necessary so that you continue to have health coverage
Q17.
The documentation and the processes that are needed to recover money from the health insurer should be known to
Q18.
Loans taken out by an investor should be planned in a way that they are extinguished by the time the investor reaches the life cycle of
Q19.
During the retirement years a person must have
Q20.
A long term financial plan does not cover the entire life cycle and wealth cycle of an investor
Q21.
Accumulation is a phase in the wealth cycle of a person from
Q22.
During the transition phase of the Wealth cycle a good financial planner will ensure that a large portion of investments is in Liquid assets to meet various financial aspirations
Q23.
An investor must understand various inheritance and tax issues, and also prepare will to transfer wealth to the next generation at around the age of
Q24.
Reaping and distribution stage of the Wealth cycle is parallel to which stage in the Life cycle
Q25.
The corpus fund requirement of a retired person is planned after taking into consideration
Q26.
The phase known as Married with Older Children is the most expensive investment period in a person’s Life Cycle because of investments requirements for
Q27.
In cases of Sudden Wealth from lotteries, inheritance or capital gains the financial planner will
Q28.
The financial planner’s recommendations will be the same for all investors within the same life cycle or wealth cycle stages.
Q29.
Financial planning tools like appropriate software help the financial planner to
Q30.
The best aid to financial planning is available from
Q31.
Which is the first step a financial planner with take in order to invest sudden wealth for long term wealth creation?
Q32.
The proposals of Certified Financial Planner- Board of Standards (USA) is used for planning
Q33.
Needs and aspirations that can be realized within a time frame is brought about with the help of a financial planner
Q34.
For personal aspirations on plans for marriage, transportation and residence the financial planner will plan to have an investment that provide for
Q35.
A good lifestyle through out life can be maintained if investments are made in early life and maintained in
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